Amd Reports Profit Beat As Data Center Sales Nearly Double for Year
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AMD reports profit beat, but misses on data center revenue
AMD reported better-than-expected results on Tuesday, but data center revenue trailed analysts' estimatesCNBC - 2h -
Spotify shares pop 13% after company reports first profitable year
The music streaming company said it paid a record $10 billion in royalties to the music industry in 2024.CNBC - 4h -
Meta Spending to Soar on AI, Massive Data Center
The social-media giant plans to spend between $60 billion and $65 billion, the latest sign of tech companies’ accelerating investments into artificial intelligence.The Wall Street Journal - Jan. 24 -
Apple profits top estimates even as competition dents China iPhone sales
Silicon Valley group says there are signs rollout of AI features will boost handset demandFinancial Times - 5d -
Apple reports sagging iPhone sales in China as first-quarter earnings barely beat Wall Street’s expectations
Investors pay close attention to tech company’s foray into AI after Apple Intelligence’s glitches and inaccuracies. Apple slightly beat analysts’ expectations in its first-quarter earnings for ...The Guardian - 5d -
Blackstone Still Bullish on A.I. Data Centers Despite DeepSeek
Blackstone, a major global investor in data centers that run A.I. systems, expects use of the technology to rise as the cost of computing power falls.The New York Times - 5d -
Chevron Wants to Tap Into A.I. Boom by Selling Electricity to Data Centers
The oil company plans to build natural gas power plants that will be directly connected to data centers used by technology companies for artificial intelligence and other services.The New York Times - Jan. 28 -
Rudy Gobert, Mouhamed Gueye nearly hit by piece of falling Jumbotron at Target Center
A horn came crashing down to the court at the end of the first quarter of the Timberwolves’ win over the Hawks on Monday night.Yahoo Sports - Jan. 28 -
Data Centers Have a Cooling Problem—These Companies Are Solving It
3D Architech and Apheros are working on innovative solutions to make those big AI brains more sustainable.Inc. - Jan. 27 -
Meta Spending to Soar on AI, Massive Data Center
The social-media giant plans to spend between $60 billion and $65 billion, the latest sign of tech companies’ accelerating investments into artificial intelligence.The Wall Street Journal - Jan. 24 -
Meta nearly doubling spending with eye toward AI
Meta CEO Mark Zuckerberg announced Friday the social media company will nearly double its spending this year as it focuses on artificial intelligence (AI) development. Meta is planning to invest ...The Hill - Jan. 24 -
Givaudan Reports Profit Rise, Expects to Exceed Five-Year Sales Target
The flavor-and-fragrance company said full-year net profit for 2024 rose 22% to $1.2 billion, beating analyst expectations.The Wall Street Journal - Jan. 24 -
Ukraine's intel chief says North Korea is about to double its artillery systems in Russia's war to nearly 500 guns
Yahoo News - Jan. 24 -
SK Hynix profits beat Samsung’s for first time on AI boom
South Korean chipmaker expects sales of high-bandwidth memory products to more than double this yearFinancial Times - Jan. 23 -
Watch controversial double bounce as Swiatek beats Navarro
Watch the moment Iga Swiatek wins a point against Emma Navarro despite the ball bouncing twice during her Australian Open quarter-final victory.BBC News - Jan. 22 -
Trump announces 'Stargate' AI infrastructure project with 'colossal data centers'
President Trump is joined by Larry Ellison, Masayoshi Son and Sam Altman to announce a new American company that will invest $500 billion in AI infrastructure.NBC News - Jan. 21 -
Adidas Exceeds Profit Guidance After Sales Jump in Fourth Quarter
The German sporting-goods company said its operating profit climbed to €1.34 billion last year from €268 million in 2023.The Wall Street Journal - Jan. 21 -
Trump announces $500 billion investment in 'colossal' AI data centers
The 47th president is meeting with congressional leaders this afternoon and plans to deliver remarks from the White House later today.NBC News - Jan. 21 -
LogicMonitor equips CIOs to lead the new era of AI-optimized data centers
Observability is essential as AI introduces new challenges for data centers. With Observability, CIOs can monitor, analyze and optimize in real time, ensuring systems remain scalable, reliable, and ...CBS News - Jan. 21 -
How Nissan's profits dropped 90% in one year
Merging with rival Honda may be Nissan's best shot at survival. The Japanese automaker is struggling around the world, including the U.S. and China.CNBC - Jan. 15 -
Deion Sanders’ Debut Season Saw Colorado Ticket Sales Double
The University of Colorado earned $31.2 million in revenue from football ticket sales during the 2023-24 season, Deion Sanders’ first as head coach, according to the school’s revenue and financial ...Yahoo Sports - Jan. 15 -
Biden Issues Executive Order to Ensure Power for AI Data Centers
The rapid growth and huge electricity needs spawned by the artificial intelligence revolution spurs a directive to lease federal sites owned by Defense and Energy departments for power supply centers.Inc. - Jan. 14 -
Norovirus wave now more than double last year's peak, in CDC's data
Officials have blamed a new strain for this winter's surge in norovirus cases.CBS News - Jan. 14 -
China corporate profits set for third year of declines
Oversupply drives intense competition that is undermining prices and profitabilityFinancial Times - Jan. 13 -
As Delta Reports Profits, Airlines Are Optimistic About 2025
The industry is enjoying a strong demand for tickets and rising profits, but it remains vulnerable to unexpected problems like a recession or a surge in inflation.The New York Times - Jan. 11 -
Jokic, Westbrook have triple-doubles and Nuggets beat Nets 124-105
Nikola Jokic had 35 points, 15 assists and 12 rebounds in his return to the lineup, Russell Westbrook had 25 points, 11 rebounds and 10 assists and the Denver Nuggets beat the Brooklyn Nets 124-105ABC News - Jan. 11 -
Sainsbury's Christmas Sales Grew; Expects Profit in Line With Market Views
The grocer reported sales volume growth for the key Christmas period and expects to deliver retail operating profit for its fiscal year in line with market consensus.The Wall Street Journal - Jan. 10 -
Prices of top 25 Medicare Part D drugs have nearly doubled, AARP study finds
AARP's new research finds price growth for top Part D prescription drugs has exceeded inflation, making a case for allowing Medicare to negotiate prices.CNBC - Jan. 9 -
Trump Blurs Lines in $20 Billion Data Center Announcement and Other Deals
Even before the start of the new administration, there has been repeated blurring of lines between the federal government efforts and Trump family businesses.The New York Times - Jan. 7 -
Emirati billionaire investing $20B in US to build data centers
President-elect Trump announced Tuesday that Emirati billionaire Hussain Sajwani plans to invest $20 billion in the United States “over a very short period of time” to build data centers across the ...The Hill - Jan. 7 -
Online holiday spending rises nearly 9%, as deep discounts and AI-powered chatbots fuel purchases, Adobe data says
The holiday e-commerce results from Adobe are a promising sign for the retail industry, which will begin reporting holiday results in February.CNBC - Jan. 7 -
Nvidia’s $3,000 ‘Personal AI Supercomputer’ Will Let You Ditch the Data Center
Nvidia CEO Jensen Huang also announced new AI tools for creating autonomous agents during a keynote address at CES.Wired - Jan. 7 -
UK retail sales growth ‘minimal’ in final quarter of 2024, data shows
BRC survey suggests consumers stayed cautious during what is usually busiest time of yearFinancial Times - Jan. 7 -
Data Centers Need to Look Beyond Green Energy, Siemens Says
Operators must find an alternative solution to the AI energy-consumption conundrum, Siemens’s Smart Infrastructure CEO said.The Wall Street Journal - Jan. 6
